Columbia Metro Area, MO Housing

The housing market in the Columbia, MO Metro Area is thriving. The median value of homes in this area is $249,700, which is significantly lower than the US median house value of $338,100. Furthermore, the 1 year housing appreciation rate in the Columbia Metro Area is 11.65%, noticeably higher than the national appreciation rate of 8.27%. This indicates that houses in this area are increasingly becoming more valuable, making them a great investment opportunity for potential buyers.

The median home cost in Columbia Metro Area is $249,700. Home appreciation the last 10 years has been 67.9%. Home Appreciation in Columbia Metro Area is up 15.4%.

Average Age of Homes

- The median age of Columbia Metro Area real estate is 30 years old

The Rental Market in Columbia Metro Area

- Renters make up 40.2% of the Columbia Metro Area population
- 3.0% of houses and apartments in Columbia Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Columbia, Missouri	United States
	90,992.0	139,647,020.0
	33	42
	$249,700	$338,100
	15.4%	16.6%
	48.6%	57.0%
	67.9%	101.1%
	$9.28	$10.98
	$1,833	$2,690
	54.6%	57.4%
	9.5%	11.2%
	35.9%	31.4%
Vacant Housing
	3.0%	1.9%
	0.2%	0.4%
	0.7%	0.7%
	0.2%	0.4%
	0.4%	3.6%
	5.1%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	2.1%	2.4%
	1.8%	2.8%
	3.2%	3.9%
	4.8%	4.5%
	16.2%	11.3%
	20.6%	13.0%
	24.4%	20.1%
	12.8%	13.6%
	5.3%	8.3%
	4.2%	9.7%
	1.0%	3.9%
	0.7%	2.2%
	0.2%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	18.1%	13.6%
	18.1%	13.6%
	17.6%	13.6%
	13.2%	13.2%
	14.8%	14.8%
	17.6%	13.6%
	4.7%	10.0%
	2.6%	4.7%
	7.2%	12.2%

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